Category Archives: Startups/Business

500 Startups today presented its 14th batch of companies at the Computer History Museum in Mountain View, California, with a spooky twist. Dave McClure said this batch was less international than previous batches, with only 39% of founders hailing from outside the United States. Of the 36 startups that went through the program, 25% had female founders. He made no mention of people of color.… Read More

The founder of Yahoo-acquired Summly, Nick D’Aloisio, has left the company to focus on his philosophy and computer science schoolwork at Oxford, we’ve confirmed with D’Aloisio. During the summer, D’Aloisio did a stint at Airbnb as its ‘Entrepreneur In Residence’ according to his LinkedIn profile. Read More

A familiar face is returning to Twitter. Jessica Verrilli is rejoining the company after a 5ish month partner stint at Google Ventures. Sudden change of heart, perhaps? Her GV bio is still up on the site. Verrilli was key in many facets of the company, especially M&A. Her involvement in bringing the likes of Vine, Periscope and the India-based ZipDial into the nest is much-discussed in… Read More

GoFundMe today confirmed that it has raised venture capital financing in a blog post today, infusing the previously bootstrapped company with cash that will give it room to grow.
TechCrunch previously reported that the round valued GoFundMe at around $500 million, though one of our sources said the valuation could have ended up higher than that. Our sources also told us the reason why it… Read More

Timed to offset the big Apple Music launch earlier this week, popular music streaming service Spotify has finally closed its latest financing round. Among the investors is Sweden’s main carrier, Telia Sonera, which today announced that it is investing $115 million for a 1.4 percent stake in the company. Telia Sonera is the only company making a public confirmation of investment at… Read More